Financial & Legal

Solar power saved the European Union €20 billion (US$22 billion) in gas imports between 1 March and 15 July, according to SolarPower Europe.

Qualitas Energy has secured a €53 million (US$63 million) non-recourse financing package for a 117MWp greenfield solar PV portfolio in Poland.

Global Infrastructure Partners (GIP), a subsidiary of global asset owner giant BlackRock, has agreed to acquire a majority and controlling interest in commercial solar PV developer Summit Ridge Energy.

Shell Overseas Investment, a wholly owned subsidiary of oil and gas giant Shell, has signed an agreement to sell 100% of Solenergi Power Private to renewables platform Aditya Birla Renewables (ABRen).

The Turkish government has launched a new tender seeking 900MW of new solar PV capacity and 1.5GW of new wind capacity.

The financing will support the Government of India’s PM Surya Ghar: Muft Bijli Yojana (PMSMGBY) initiative.

Renewables developer Elawan Energy has closed a €760 million financing on a 1.3GW solar PV, wind and battery energy storage system (BESS) portfolio in Spain.

Speaking to PV Tech Premium, Renewabl CEO JP Cerda discusses how hourly matching is reshaping Europe’s corporate solar PPA market.

The so-called “One, Big, Beautiful Bill” Act (OBBBA) has cost the US US$68.2 billion in capital investments into clean energy projects, according to analysis from business advocacy group E2.

Intertek CEA explores how companies have to navigate US solar PV procurement contracts amidst tariffs and customs risks.